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Jet Aviation Paris

Paris (Le Bourget) Airport

Press Release

Issued by Jet Aviation Paris.

September 27, 2018

Clair Group accelerates growth strategy at Paris-Le Bourget airport

Clair Group, a French aeronautical group that includes Astonjet, Astonfly, Astonsky and Astontec, has announced the signing of a purchase agreement with Signature Flight Support for Terminal 2 at Paris-Le Bourget airport. This major acquisition is part of Charles Clair's group development strategy, which aims to provide a comprehensive service ranging from a flying school to a business aviation group to ground handling and maintenance.

On 18 September 2018 Clair Group signed a purchase agreement with British group BBA Signature Flight Support concerning one of the main business aviation terminals at Paris-Le Bourget airport. Ownership will be effective as of 2 January 2019.

For Clair Group this project represents a strategic move forward with an important building complex. As a result of the purchase, Clair Group will own 6,920 sqm of offices on six floors, three hangars and more than 16,000 sqm² of parking stands available for any type of aircraft.

This investment is part of the overall growth strategy for Clair Group's companies, and particularly for Astonsky, which operates as a FBO and provides airport handling

services for business aviation companies.

Astonsky has been based at Toussus-le-Noble airport since 2012 and will open this new terminal at Le Bourget as of January 2019, in place of Signature Flight Support Terminal 2.

"The ambition of Clair Group is to make Astonsky a “luxe à la Française” reference dedicated to increasingly demanding clientele," said Charles Clair, president of the group.

Consequently, Clair Group will implement from January 2019 major changes of spaces focused on innovation to create new high-standard services for both passengers and crews, with an entire brand new terminal whose work will be completed in June 2019 for the Paris Air Show.

Clair Group is an aeronautical group that was founded in 2004 by Charles Clair. It comprises several subsidiaries: Astonjet, an airline operating a large fleet of private jets; Astonsky, a company providing ground handling services for aircraft, crews and passengers; Astonfly, the leading French flying school for private or professional pilot, and Astontec, a maintenance centre based at Toussus-le-Noble airport. Clair Group is now developing at Paris-Le Bourget after acquiring and renovating some real estate.